Managers of Wealth Offshore

Managing the Requirements - and Costs - of Regulatory Reporting By: Tom Kirkpatrick

The increase in regulatory reporting requirements has become a major challenge for many investment managers.

Choosing a Fund Administrator for the Long Term by Eamonn Greaves, SS&C

As we meet with asset management firms who are considering third-party fund administration, it’s clear that certain elements of service have become of greater importance.

Caribbean bankers call on Guyana to pass anti-money laundering law

The Caribbean Association of Banks (CAB) on Monday called on Guyana to pass amendments to the 2009 Anti-Money Laundering and Countering of Financing Terrorism (AML/CFT) Act because this is not only about that country.

Carey Olsen advises on first foundation to migrate to Guernsey

Carey Olsen prepared the migration application for submission to the Registry and advised Lloyds on the foundation's new charter

Bermuda’s reputation — keeping it sterling

Bermuda’s reputation is a glowing one: From Front Street, in Bermuda’s business centre of Hamilton.

Update To Banking Regulations Further Enhances Cayman's Appeal

The Cayman Islands have for decades been one of the world's leading banking and financial centres, currently ranking as the fifth largest banking centre worldwide, with over 200 banks, including 40 of the world's 50 largest banks, and over US$1.

Channel Islands Stock Exchange fined £190k

The Guernsey Financial Services Commission launched an investigation into the CISX in February 2012 over concerns that transactions in the listed securities of Arch Guernsey ICC and its cells had been implicated in possible market manipulation and other f

Attractive Regulatory Regime for Malta based Loan Funds

In April 2014, the Malta Financial Services Authority issued 'Standard License Conditions applicable to Collective Investment Schemes authorised to invest through Loans'

Swiss Bank Agrees to Pay $850,000 for Unregistered Trading

The website disclaimer identified no specific restrictions on dealing with residents of British Columbia.

SEC Obtains Asset Freeze Against Company in Turks and Caicos Islands

The Securities and Exchange Commission today announced an emergency asset freeze against a company located in Turks and Caicos Islands in connection with its operation of a South Florida-based Ponzi scheme.

British Virgin Islands: The Issue Of Priority And Statutory Ship Mortgages In The British Virgin Islands

Considering the geographical make-up of the BVI, with its 60 islands and cays, and it being thought by many to be the number one sailing capital of the world, it is imperative that the policies and laws of the BVI's shipping industry are transparent

High global rating for Jamaica’s Whistleblowers Legislation

Jamaica’s Protected Disclosures Act is regarded as one the best whistleblowing legislations enacted in countries globally, by the Organisation for Economic Co-operation and Development

RCA Bermuda Symposium - An Unmatched Experience

Join over 500 alternative investment executives with the top firms to understand the business, compliance, operations and risk challenges for 2015 and formulate your strategic plans and tactical initiatives.

The High Price of ‘Citizenship by Investment’ in the Caribbean

Most countries withhold official data regarding the number of people who have become citizens through CIPs or the amount of FDI recouped, but Henley and Partners estimate that such schemes generate US$2 billion a year worldwide.

Gibraltar set to publish ILS guidelines

Captive Review has learnt that Gibraltar's Financial Services Commission (FSC) is expected to publish its ILS Guidelines this month.

Impact of AIFMD research to be highlighted at Crestbridge event

The findings of a comprehensive piece of research analysing the initial impact of the Alternative Investment Fund Managers Directive (AIFMD) on the structure of Europe’s alternative fund industry are to be discussed at an event hosted by Crestbridge

Cayman included on FCA high-risk list

The United Kingdom’s newly established Financial Conduct Authority (FCA) has collated the list, which it updates quarterly. Cayman is on the list released on July 19.

Cayman Islands: Chamber slams FCA listing: Insulting, lacks credibility

The Chamber of Commerce Council described the recent “high risk” listing of the Cayman Islands by the U.K.’s Financial Conduct Authority as “insulting” to the Cayman Islands government and the Cayman Islands financial service

Gibraltar Internationa Bank Clears First Regulatory Hurdle

The Gibraltar International Bank has received ‘approval in principle’ from the Financial Services Commission to its application for a licence

Government responds to Cayman’s 'high-risk' rating

Government says it is astounded the UK’s Financial Conduct Authority (FCA) calls the Cayman Islands a high-risk country for financial crime.

Regulation, Risk & Compliance